Tuesday, December 20, 2011

AT&T (T) Shares Downgraded by JPMorgan Chase & Co. (JPM)

AT&T (T) Shares Downgraded by JPMorgan Chase & Co. (JPM) ; AT&T (NYSE: T) was downgraded by equities research analysts at JPMorgan Chase & Co. (NYSE: JPM) to a “neutral” rating in a research note issued to investors on Tuesday.

Separately, analysts at Piper Jaffray (NYSE: PJC) downgraded shares of AT&T to a “neutral” rating in a research note to investors on Tuesday. Analysts at Macquarie downgraded shares of AT&T from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, December 15th. Also, analysts at Oppenheimer (NYSE: OPY) cut their EPS estimates on shares of AT&T in a research note on Wednesday. They now have an “outperform” rating on the stock.

AT&T Inc. is a holding company. The Company is a provider of telecommunications services in the United States and worldwide. These include wireless communications, local exchange services, long-distance services, data/broadband and Internet services, video services, managed networking, wholesale services and directory advertising and publishing.

It operates in four segments: wireless, which provides both wireless voice and data communications services across the United States and, through roaming agreements, in foreign countries; wireline, which provides landline voice and data communication services, AT&T U-Verse TV, broadband and voice services (U-Verse) and managed networking to business customers; advertising solutions, which publishes Yellow and White Pages directories and sells directory advertising and Internet-based advertising and local search, and other, which provides results from customer information services and all corporate and other operations. For the latest updates on the stock market, visit Stock Market Today
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